Snap Pre-Market Decline Widened to 16%

MT Newswires Live

08/17

On Monday, Snap Inc Pre-Market Decline Widened to 16%. On the news front, Snap CTO, board member, and 10% stakeholder Robert C. Murphy recently sold 4 million Class A common shares valued at approximately $21.6 million.

The sales occurred on August 5 and August 6, with 2 million shares sold each day at weighted average prices of $5.555 and $5.2512 respectively.

The transactions were executed pursuant to a 10b5-1 plan adopted in November 2025 and amended in February 2026.

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On the news front, Snap CTO, board member, and 10% stakeholder Robert C. 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